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Home » Asia » What is the unemployment rate in Laos?

What is the unemployment rate in Laos?

December 14, 2021 by Trevor Zboncak

approximately 0.95 percent.
In 2020, the unemployment rate in Laos was at approximately 0.95 percent.
Laos: Unemployment rate from 1999 to 2020.

Characteristic Unemployment rate
2020 0.95%
2019 0.62%
2018 0.64%
2017 0.65%

Contents

What is the unemployment rate in Laos 2019?

Laos Unemployment Rate
Laos`s Unemployment Rate increased to 0.95% in Dec 2020, from the previously reported figure of 0.62% in Dec 2019. Laos Unemployment Rate is updated yearly, available from Dec 1991 to Dec 2020, with an average rate of 1.25%.

Why is Laos unemployment so low?

Due to a lack of labourers, Dr Leeber said project developers and companies import labourers from other countries. Laos is similar to Thailand in a way that the unemployment rate has been low not because of different definitions from other countries but because of structural problems.

What country has highest unemployment?

Burkina Faso
In 2017, Burkina Faso had the highest unemployment rate in the world, at 77 percent. This means that for every 100 members of the workforce, 77 did not have jobs at the time of the survey.

What country has lowest unemployment?

The ten countries with the lowest unemployment rates are: Cambodia (0.30%) Qatar (0.60%)
Unemployment by Country 2021.

Country Unemployment Rate 2021 Population
Grenada 24.00% 113,021
Afghanistan 23.90% 39,835,428
Nauru 23.00% 10,876
Dominica 23.00% 72,167

What is the average income in Laos?

The average annual income in Laos is around $2,150 USD, compared to $5,640 USD in Thailand, $ 2,060 USD in Vietnam and $ 1,140 USD in Cambodia.

What is the unemployment rate in Vietnam?

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Vietnam unemployment rate for 2020 was 2.27%, a 0.23% increase from 2019. Vietnam unemployment rate for 2019 was 2.04%, a 0.88% increase from 2018.

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How many people are unemployed in Myanmar?

Myanmar unemployment rate for 2018 was 0.87%, a 0.69% decline from 2017. Myanmar unemployment rate for 2017 was 1.56%, a 0.42% increase from 2016.
Myanmar Unemployment Rate 1991-2021.

Myanmar Unemployment Rate – Historical Data
Year Unemployment Rate (%) Annual Change
2019 0.50% -0.37%
2018 0.87% -0.69%
2017 1.56% 0.42%

What is the unemployment rate in Cambodia?

Unemployment refers to the share of the labor force that is without work but available for and seeking employment. Cambodia unemployment rate for 2020 was 0.31%, a 0.18% increase from 2019. Cambodia unemployment rate for 2019 was 0.13%, a 0% increase from 2018.

Which country has the highest unemployment rate in Europe?

Among European countries, Greece is currently suffering the worst unemployment rate at 15.1 percent, followed by Spain at 15.1 percent while Czechia has the lowest unemployment rate in Europe, at 2.8 percent.

Which country has best economy?

  1. United States. 2019 Nominal GDP in Current U.S. Dollars: $21.43 trillion3
  2. China. 2019 Nominal GDP in Current U.S. Dollars: $14.34 trillion3
  3. Japan. 2019 Nominal GDP in Current U.S. Dollars: $5.08 trillion3
  4. Germany. 2019 Nominal GDP in Current U.S. Dollars: $3.86 trillion3
  5. India.
  6. United Kingdom.
  7. France.
  8. Italy.

Which European country has the highest employment rate?

Sweden (80.8 %), Germany (80.1 %) and the Netherlands (80.0 %) display the highest employment rates in the EU so far, with more than 8 out of 10 persons aged 20 to 64 in employment in 2020. Such a high rate is also observed in the EFTA countries Switzerland (82.5 %) and Iceland (82.3 %).

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Which country is easiest to get a job?

The Finest Countries To Find Jobs Easily

  • New Zealand tops the list of best countries to find jobs in .
  • Australia is the next country on the list of countries to find jobs easily in.
  • Canada is one of those countries in which immigrants can find jobs easily.
  • Scandinavian countries have high standards of work and living.

What is China’s unemployment rate?

In 2020, the rate of registered unemployment in urban areas of China increased to about 4.2 percent due to the COVID-19 pandemic.
Unemployment rate in urban China from 2010 to 2020 with forecasts until 2026.

Characteristic Unemployment rate
2020 4.24%
2019 3.62%
2018 3.8%
2017 3.9%

Which is the best country for job?

LIST OF TOP 10 COUNTRIES HAVING HIGHEST JOB OPPORTUNITIES BY WORLD RANKINGS

Rank Country Name Opportunity Index
1 Singapore 82.56
2 Hong Kong 80.73
3 United Arab Emirates 78.83
4 Australia 77.46

How much money do you need to live in Laos?

Summary: Family of four estimated monthly costs are 2,549$ without rent. A single person estimated monthly costs are 722$ without rent. Cost of living in Laos is, on average, 15.23% lower than in United States.

Is there a minimum wage in Laos?

The Laos minimum wage is 800,000 Lao kip per month ($100) plus 30,000 kip per day as a meal allowance ($3.74) for private sector workers,1,400,000 kip ($170) per month for civil servants and state enterprise employees,often complemented with government benefits and housing subsidies.

Is Laos cheaper than Thailand?

Thailand is 5.2% cheaper than Laos.

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What is the unemployment rate in Indonesia?

This statistic shows the unemployment rate in Indonesia from 1999 to 2020. In 2020, the unemployment rate in Indonesia was at approximately 4.11 percent.
Indonesia: Unemployment rate from 1999 to 2020.

Characteristic Unemployment rate
2019 3.62%
2018 4.4%
2017 3.88%
2016 4.3%

What is the unemployment rate in Singapore?

Figures from the Ministry of Manpower showed that the resident unemployment rate, which covers Singapore citizens and permanent residents, rose from 3.5 to 3.7 per cent, while unemployment among Singapore citizens rose from 3.7 to 3.9 per cent.

What is the unemployment rate in the Philippines?

The Philippines’ unemployment rate rose to 8.9% in September 2021, even as the government somewhat eased restrictions despite surging COVID-19 cases. This is the highest unemployment rate for 2021, so far, or since the Philippine Statistics Authority (PSA) began releasing monthly labor force data.

Filed Under: Asia

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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